by our College Data Analytics TeamThis page focuses on the debt students take on to attend Electrical Training Center: median debt, the percentile spread, total borrowing including PLUS loans, and the cost to repay. All figures come from the U.S. Department of Education and IPEDS.
Looking at the entering class at Electrical Training Center, 56% of incoming students take out a loan to help cover first-year costs, for an average of $4,197 each, across private and federal loan sources.
The average federal loan is $4,197, which is 76.3% of the $5,500 federal limit that applies to a typical first-year dependent borrower. Be aware: the undergraduate-wide averages below exclude private loans, while this freshman number includes them.
Looking at all undergraduates at Electrical Training Center, freshmen included, 52% finance part of their studies with federal loans, with a mean of $4,478 per year. That is 6.7% above the $4,197 freshmen take on.
Borrowing the same amount each year would add up to roughly $8,956 across two years and $17,912 after four. The estimate holds federal borrowing constant and does not count private or Parent PLUS loans.
| Undergraduate federal borrowing | Value |
|---|---|
| Share using federal loans | 52% |
| Average federal loan per year | $4,478 |
| Undergraduates with a federal loan | 248 |
| Total federal loans (one year) | $1,110,541 |
Graduating and withdrawing students at Electrical Training Center carry a median federal debt of $6,022 in federal borrowing.
| Borrower group | Median federal debt |
|---|---|
| All federal borrowers | $6,022 |
| Students who completed (graduates) | $6,333 |
Half of all borrowers fall between the 25th and 75th percentiles shown below for Electrical Training Center.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,834 |
| 25th percentile | $3,167 |
| 75th percentile | $6,087 |
| 90th percentile (highest-debt students) | $6,333 |
The gap between the 10th and 90th percentile is the clearest single measure of how widely borrowing varies at Electrical Training Center.
The figures above count only the students own federal loans. Adding PLUS loans (borrowed by parents or graduate students) gives a fuller picture of total borrowing at Electrical Training Center.
| Group | Borrowers | Median debt incl. PLUS |
|---|---|---|
| All borrowers | 50 | $9,628 |
These figures turn the debt totals into a monthly repayment picture for Electrical Training Center.
The breakdowns below show median federal debt by income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $6,333 |
| Middle income | $6,333 |
| High income | $3,666 |
First-Gen vs Continuing-Gen Borrowing
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,333 |
| Continuing-generation students | $3,666 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,666 |
| Independent students | $6,333 |
The Department of Education computes gap indicators that show how borrowing differs between student groups at Electrical Training Center.
Subsidized and Unsubsidized Loans
With an unsubsidized loan, interest starts adding up the day the loan is disbursed, including during school. Subsidized loans, by contrast, do not accrue interest while you are enrolled at least half-time, which makes them the less expensive option when you qualify.
Important to Remember
Federal student loans are not discharged in bankruptcy in all but the rarest cases, and the government can withhold part of your income or tax refund if you default.
References
More about our data sources and methodologies.